For the year, the company narrowed its loss to $1.8 million, from $5.2 million in fiscal 2010. Annual revenue increased 3% to $493.3 million.

Bebe said it expects to open four Bebe stores and as many as seven 2b stores in the new fiscal year. That includes two stores that could be converted from Bebe to 2b. It plans to close 10 Bebe locations, representing a sq. ft. dip of 2%. International licensees are expected to add up to 30 standalone stores and 30 shop-in-shops.

Solutions Spotlight

The responsibilities of the retail CIO can essentially be boiled down to four major roles: Business Transformer, Customer Expert and Advocate, Technology Visionary and Culture Warrior. In this e-book, Oracle chief communications officer Bob Evans examines how great retail CIOs rise to challenges of fulfilling each role, even as they inevitably gravitate toward one role over the others.